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> The problems with PG&E were caused by the government giving it a monopoly. Making it non-profit won't help. The only thing that will help is competition. Adm
by et-al 8y ago
> The problems with PG&E were caused by the government giving it a monopoly. Making it non-profit won't help. The only thing that will help is competition.
Admittedly, I don't know PG&E's history, but as a utility company that offers natural gas and electricity, I know many would call it a natural monopoly.
As such, how does competition work in a natural monopoly?
Certain things like roadways are owned by the state because it's impossible to profit from them. Perhaps the safe delivery of electricity and natural gas to consumers should be managed by the state.
And if anything PG&E and potential competitors would compete on the production of electricity / natural gas, which the state buys and safely delivers to the people.